Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

U.S. Day Ahead: Auto Sales to peak to 5 year high

Monday, July 02, 2012 - 01:21

July 2 - U.S. auto sales are expected to clock in at an annualized rate of 13.9 million for June.

▲ Hide Transcript

View Transcript

US auto makers reported June sales on Tuesday that are expected zoomed up five year peaks. But still under the fourteen million annualized rate for a second month in a row this -- -- consumer demand. Japanese auto makers Toyota Honda -- expect to see the market share rise. Chrysler is expected -- about the US auto makers -- deliveries jumping 33%. This year through May according to -- Wall Street's closing shop at 1 PM but -- economic data will keep investors busy through the morning. Reuters poll predicts factory orders for new good will rise zero point 2% in May after posting a surprising fall last month. New York is -- regional index for growth will also be released tomorrow. Over Washington the IMF will be releasing its annual report on the state of the US economy I'm -- Christine Lagarde will be taking questions from the -- Feeling hot hot hot. While you're not alone millions of Americans are in the grip of a heat wave and are preparing for another sizzling day tomorrow. Folks in the DC area and in the midwest are struggling the most storms knocked out power over the weekend leaving millions without electricity. For more coverage be sure to follow us on Twitter at Reuters Insider. Also check out our YouTube channel at Reuters dot com slash Reuters TV I'm Fred Katayama this is --

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: Auto Sales to peak to 5 year high

Monday, July 02, 2012 - 01:21